Namibia GDP YoYNamibia GDP YoYNamibia GDP YoY

Namibia GDP YoY

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Key data points

Last release
Observation period
Q4 2023
Next release
Forecast
Highest
21.00% on Sep 30, 2004
Lowest
−11.40% on Jun 30, 2020

About Namibia GDP YoY

Category
GDP
Frequency
Quarterly
Units
%
Namibia is a small and relatively open economy that is rich in mineral resources. Services account for around 60 percent of GDP. Within services the most important are wholesale and retail trade (13 percent), public administration and defense (11 percent); education (9 percent) and real estate (8 percent). Mining and quarrying (mainly diamonds and uranium) account for 12.3 percent of the output, manufacturing for 12.3 percent and agriculture and fishing for 9 percent.